40A, Well Lane
40A, Well Lane
Description & Estimates
Public records show 40A, Well Lane, Walsall to be a modern freehold house with 1,313 ft2 of internal area, sitting on a 279 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40A, Well Lane, Walsall has an estimated sale value of £221,484 and an estimated rental value of £1,201 per month, assuming reasonable condition and based on the information available.
Well Lane, Walsall, WS3 lies in the borough of Walsall, within the WS3 postal district.
Our Data Sources
40A, Well Lane, Walsall has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40A, Well Lane, Walsall would be worth £232,559, with a potential rental value of £1,261 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £205,980, with a rental value of £1,117 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40A, Well Lane, Walsall has risen by £401 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (2.4%). The property's estimated gross yield is currently 6.5%.
Plot Size
40A, Well Lane, Walsall occupies a 279 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
40A, Well Lane, Walsall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40A, Well Lane, Walsall last changed hands on 25th June 2024, selling for £210,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 15.2% since June 2024.
- Sold Jun 2024£210,000
- Sold May 2015£127,000
- Sold Apr 2005£63,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 40A, Well Lane, Walsall across the last 2 years.
Most recently, 12, Dipper Way, Walsall, WS3 1EE, a freehold house, sold at £241,000 on the 9th August 2024.
Read more about house prices in WS3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40A, Well Lane, Walsall as the 7th largest and the 7th most expensive of the 168 addresses on Well Lane, Walsall, WS3.
Against the WS3 postcode district average, it is £5k more expensive than the typical property.
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Schools Nearby
- 100mGoldsmith Primary Academy
- 500mChrist Church Church of England Primary School
- 500mSunshine Academy
- 1.7kmWalsall Academy
- 2.4kmQueen Mary's High School
- 2.8kmOrmiston Shelfield Community Academy
More reading links
Public Transport Nearby
Bloxwich station is the nearest stop to 40A, Well Lane, Walsall at 1.9 kilometres away.
- 1.9kmBloxwich
- 2.8kmBloxwich North
- 2.9kmWalsall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
